Central bank management of surplus liquidity

Abstract

Following a CCBS seminar in London, in February 2006, on the subject of central bank management of surplus liquidity, participants were invited to contribute to a collection of papers - case-studies of how a range of central banks around the world have tackled or are tackling the issues which arise from excess liquidity in the banking system. One of the aims was to produce something quite quickly. Much more remains to be said about the management of excess liquidity than is covered in this volume; but we hope that it will prove useful material to others who are addressing the same issues. Interested readers are also referred to the CCBS Lecture Series no. 3: “Surplus Liquidity: Implications for Central Banks”, by Joe Ganley.Central Bank,Management, Surplus, Liquidity